Lake County Community Information | School District
Lake County Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for June was 59 , down 10.6 % from 66 days last month and down 16.9 % from 71 days in June of last year . The June 2017 DOM was at its lowest level compared with June of 2016 and 2015 . |
120
100
80
60
40
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80 |
71 |
59 |
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20 |
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Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The June 2017 Selling Price per Square Foot of $ 116 was up 0.8 % from $ 115 last month and up 9.4 % from 106 in June of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The June 2017 Selling Price vs Original List Price of 95.7 % was up from 95.6 % last month and up from 94.9 % in June of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in June 2017 was 828 , down 0.7 % from 834 last month and up 16.1 % from 713 in June of last year .
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Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 50
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 %
3,000 2,500 2,000 1,500 1,000
500
97
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106
Selling Price versus Listing Price Ratio
93.9 %
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F M A M J |
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14 |
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Inventory / New Listings / Sales |
2,722 2,779 2,846 2,853 2,807 2,737
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,709 2,614 2,540 2,489 2,445 2,376 2,339 2,283 2,322 2,332 2,365 2,278 2,304 2,293 2,274 2,169 2,062
94.9 %
2,064 1,941 2,022 2,089 2,128 2,109 2,033 2,010 1,946
3 Mo Avg
1,863
116
95.7 %
1,838 1,838 1,822
0
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c o l d w e l l b a n k e r h o m e s . c o m | 163